Suppose Boudreau Industries issued a bond for €104,700 with a face value of €90,000, 5 year semia...
Suppose Boudreau Industries issued a bond for €104,700 with a face value of €90,000, 5 year semiannual with a market rate of 6.2%. What is the semiannual payment? Give me the journal entry for issuing the bonds.
N = I/Y = PV = PMT = FV =
Suppose Boudreau Industries issued a bond for €87,000 with a face value of €90,000, 6 year semiannual with a market rate of 9.2%. What is the semiannual payment? Give me the journal entry for issuing the bonds.
N = I/Y = PV = PMT = FV =
Homework Answers
![Ans 1 N-10 1/Ys3 .196 PV- 104,700 PMT-4522 FV--90000 Since the coupon payment is semi-annually, N will be [5x2] 10 and 1/Y wi](http://img.homeworklib.com/images/454c2fd7-a91e-4674-8903-d1ed232fdacd.png?x-oss-process=image/resize,w_560)
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